Refinancing of "Warm Hearth" microloans for energy-efficient home renovation. from Converse Bank
Converse Bank
Refinancing of "Warm Hearth" microloans for energy-efficient home renovation.
Relevant for 16.09.2026
Effective rate
15.36% - 16.56%
Rate
14%
Amount
to 3 000 000֏
Down payment
from 0%
Term
5 - 7 years
Available for non-residents of Armenia
No
Renovation of residential real estate aimed at improving energy efficiency. | |
Purpose | renovation |
Collateral | Renovated property |
Down payment | from 0% |
Loan term | 5 - 7 years |
Loan currency | ֏ |
Loan amount | to 3 000 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 7 business days |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Identification documents of the borrower, co-borrowers and family members, Marriage, divorce, birth and death certificates, if applicable, Certificate from the place of work, Documents confirming secondary income, Certificate of ownership of the acquired property, Documents confirming the identity of the property owners and the grounds for the acquisition, Other documents at the request of the bank |
Terms apply to the bank's head office and may differ at its branches.
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